May saw the Sunday Times release its annual Giving List for 2021, where those in the UK are ranked depending on their ‘Giving Index’. This index is calculated by dividing the total sum of an individual or group of individuals by their total wealth, giving a percentage figure.
But who exactly are these generous givers who come from all aspects of society? How did they earn their riches? And what forms of charity are they most interested in? Below, Silver Linings News devotes a separate article to take a look at each of those who made it into the top 20 of the list:
8) Sir Chris Hohn
Sir Chris Hohn is an interesting individual on this list of outstanding philanthropists. With the second highest net wealth (£2.5bn) of the top 20 candidates, Hohn was also able to contribute the highest total sum of recent donations – some £314.3m.
Hohn’s total wealth means his Giving Index reached 12.57%, resulting in a respectable 8th place in the Sunday Times Giving List, but first place for total charitable donations.
Appointed a Knight Commander of the Order of St Michael and St George in the 2014 Birthday Honours, Hohn’s charitable actions have been noticed for a number of years now. The hedge fund manager was seen to have given over $4.5bn to The Children’s Investment Fund Foundation even before his knighthood took place in 2014.
As stated in the Guardian, Hohn gave away $386m through this personal charity in 2019 alone, and his since called for the “urgent need” for the planet to begin acting against the climate crisis.
He said, via the publication: “I recently gave them £50,000 because humanity is aggressively destroying the world with climate change and there is an urgent need for us all to wake up to this fact.”
Aged 55, Hohn is not without his critics, having paid himself a record £343m through the Children’s Investment fund in 2019 as the organisation saw pre-tax profits hit $695m that year.